REG - Secure Trust BankPLC - Director/PDMR Shareholding

Secure Trust BankAnnouncement

15/08/2022 17:30

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RNS Number : 0819W  Secure Trust Bank PLC  15 August 2022

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

15 August 2022

For immediate release

 

SECURE TRUST BANK PLC

 

Exercise of Options, Issue of Equity

 

Secure Trust Bank PLC (the "Company") announces that the following
individuals, each PDMRs of the Company, as per the below, exercised their
options to purchase shares under the 2017 Long Term Incentive Scheme ("LTIP")
over a total of 7,064 ordinary shares of 40 pence each ("Ordinary Shares"):

 

 Date            Participants  Number of shares  Option Price
 10 August 2022  Nick Davies   5,548             40p per share
 10 August 2022  John Bevan    1,516             40p per share

 

The Company further announces that Nick Davies, a PDMR of the Company, has
exercised his option to purchase 3,907 Ordinary Shares under the 2017 Deferred
Bonus Scheme ("DBP") at an exercise price of 40 pence per share.

 

A further three individuals, not PDMRs of the Company, have also elected to
exercise their options to purchase their share options. This has resulted in a
total of 12,978 new shares in the Company being issued and allotted. The new
Ordinary Shares were allotted from the Company's Block Listing authority. The
shares will rank pari passu with the existing issued shares of the Company.

 

Following Admission, the Company will have a total of 18,688,238 Ordinary
Shares in issue (the "Enlarged Share Capital") each carrying one voting
right. The Company does not hold any Ordinary Shares in Treasury. This figure
of 18,688,238 Ordinary Shares may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the FCA's Disclosure and Transparency Rules.

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                            Nick Davies
 2   Reason for the notification
 a)  Position/status                                                 PDMR

 b)  Initial notification/Amendment                                  Initial notification
 3   Details of the issuer
 a)  Name                                                            Secure Trust Bank PLC
 b)  LEI                                                             213800CXIBLC2TMIGI76
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument     Ordinary shares of 40p each in Secure Trust Bank PLC

     Identification code                                             ISIN number GB00B6TKHP66

                                                                     SEDOL number B6TKHP6
 b)  Nature of the transaction                                       Exercise of Share Options
 c)  Price(s) and volume(s)                                          Price(s)  Volume(s)
                                                                     £0.40     9,455
 d)  Aggregated Information                                          9,455

     -      Aggregated volume                                        £0.40 per share

     -      Price
 e)  Date of the transaction                                         10 August 2022
 f)  Place of the transaction                                        London Stock Exchange
 5                                   Securities
 (a)                                 Type and class of securities                                 Fully paid ordinary shares of 40p each

                                                                                                  ISIN number GB00B6TKHP66

                                                                                                  SEDOL number B6TKHP6

d)

Aggregated Information

-      Aggregated volume

-      Price

9,455

£0.40 per share

e)

Date of the transaction

10 August 2022

f)

Place of the transaction

London Stock Exchange

5

Securities

(a)

Type and class of securities

Fully paid ordinary shares of 40p each

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                            John Bevan
 2   Reason for the notification
 a)  Position/status                                                 PDMR

 b)  Initial notification/Amendment                                  Initial notification
 3   Details of the issuer
 a)  Name                                                            Secure Trust Bank PLC
 b)  LEI                                                             213800CXIBLC2TMIGI76
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument     Ordinary shares of 40p each in Secure Trust Bank PLC

     Identification code                                             ISIN number GB00B6TKHP66

                                                                     SEDOL number B6TKHP6
 b)  Nature of the transaction                                       Exercise of Share Options
 c)  Price(s) and volume(s)                                          Price(s)  Volume(s)
                                                                     £0.40     1,516
 d)  Aggregated Information                                          1,516

     -      Aggregated volume                                        £0.40 per share

     -      Price
 e)  Date of the transaction                                         10 August 2022
 f)  Place of the transaction                                        London Stock Exchange
 5                                   Securities
 (a)                                 Type and class of securities                                 Fully paid ordinary shares of 40p each

                                                                                                  ISIN number GB00B6TKHP66

                                                                                                  SEDOL number B6TKHP6

d)

Aggregated Information

-      Aggregated volume

-      Price

1,516

£0.40 per share

e)

Date of the transaction

10 August 2022

f)

Place of the transaction

London Stock Exchange

5

Securities

(a)

Type and class of securities

Fully paid ordinary shares of 40p each

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

 

Enquiries:

 

Mark Stevens

Company Secretary

Secure Trust Bank PLC

+44 121 693 9100

 

Stifel Nicolaus Europe Limited (Joint Broker)

Stewart Wallace

Tel: 020 7710 7600

Canaccord Genuity Limited (Joint Broker)

David Tyrrell

Tel: 020 7523 8000

 

Tulchan Communications

Tom Murray/Sheebani Chothani

Tel: 020 7353 4200

 

 

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